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Most of this is probably hype generated by energy market trader insiders.

There's plenty of fuel, with more on the way.

Russia said this morning, energy exports to Europe this year are fully on track, with no interruptions. The new pipeline will also open shortly as construction has been completed.

Solar activity on the sun has increased dramatically this year, as per the normal eleven year solar cycle, so winter should actually be warmer than it has been the last five years, which means less energy will be needed.

Demand for fuel is also way down 'cause covid. Way down as in at least a 10 to 20% drop in required energy. Oil, gas and electricity. Not just Europe, but North America, and Asia too.

Artificial shortage scams have been pulled by the energy markets in the past as a means of offsetting expected losses during declining real demand. Standard playbook tactics.